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Core DAO's Growth in Numbers: Key Stats and Trends Highlighted in Latest Report

Core DAO's Growth in Numbers: Key Stats and Trends Highlighted in Latest Report

If you've been keeping an eye on the blockchain world, especially where Bitcoin meets DeFi, you might have caught this recent tweet from BSCNews. They're spotlighting their latest research report on Core DAO, breaking down the network's key stats and some pretty exciting trends for the $CORE community. As someone who's followed crypto evolutions closely, I think this is worth unpacking—especially if you're into meme tokens or broader blockchain plays that could influence the meme space indirectly through better infrastructure.

Let's start with the basics: what exactly is Core DAO? It's an EVM-compatible Layer-1 blockchain that uses a unique consensus called Satoshi Plus. This blends Delegated Proof of Work from Bitcoin miners with Delegated Proof of Stake using CORE tokens. The result? A secure network that lets you stake Bitcoin without giving up custody, all while keeping fees super low—often under a penny per transaction. Launched back in January 2023, it's all about making Bitcoin more usable in DeFi, gaming, and NFTs without the usual hassles.

Now, onto the juicy numbers from the report. Core DAO's Total Value Locked (TVL) is sitting at a solid $327 million. That's the amount of assets locked in its protocols, showing real user commitment. Stablecoin market cap has ticked up by 2.4% in the last week alone, which is a good sign of growing liquidity. Staked CORE tokens? Over 239.8 million, helping secure the network and even burning some supply to keep things deflationary.

Bitcoin staking is another highlight—nearly 5,000 BTC staked, worth over $250 million. This non-custodial setup means you keep control of your BTC while earning yields, backed by about 75% of Bitcoin's hash rate. Yields hover between 4% and 6% annually for dual staking (BTC plus CORE), depending on your tier—from basic to Satoshi level. It's generated from emissions and those low transaction fees, making it appealing for hardware wallet users like those with Ledger.

User engagement is off the charts too. We're talking over 1 million weekly active users and more than 300,000 daily transactions. DEX volume jumped 75.4% in the past week to $19 million, pointing to a buzzing trading scene. The ecosystem hosts over 116 protocols, with big players like Colend ($147 million TVL in lending) and Pell Network ($34 million in restaking) leading the DeFi charge.

Developer growth is where it gets really exciting—over 250 active builders, up 600% year-over-year. In 2024 alone, they added 2,000 new devs, with activity spiking 827%. Core ranks second in developer count among BTCFi projects, which bodes well for innovation. Imagine more meme-friendly dApps or tools that could supercharge meme token launches on a Bitcoin-secure chain.

Looking at 2025 trends, TVL has stabilized around $300 million, with bridged assets at $229 million and native ones at $75 million. Dual staking has grown massively—from 45 million CORE and 5,000 BTC in April to 210 million CORE and 7,200 BTC by May. User volumes are climbing, DEX activity is up 132% quarter-over-quarter, and even gaming dApps are hitting new highs with seven major launches in just two weeks.

Partnerships are fueling this fire. Core's teamed up with heavyweights like BitGo, KODA, Maple Finance, Copper, and Hex Trust for compliant dual staking, targeting Asia-Pacific and the Middle East. Hardware integrations with Ledger make staking straightforward, and quick Bitcoin bridging via Garden Finance happens in under 30 seconds. Recent updates include Rev+ for fee-sharing with builders and the Theseus Hard Fork for dev incentives. Plus, there's a $100,000 accelerator for BTCFi projects, Core Missions for easier onboarding, and a $200 million ecosystem fund with Bitget and MEXC.

All this positions Core DAO to tap into Bitcoin's $1.2 trillion dormant capital. As blockchain interoperability improves, expect more inflows and innovations that could trickle down to meme ecosystems—think secure, low-cost launches for the next big meme token.

In wrapping up, Core DAO isn't just growing; it's evolving into a key player in Bitcoin-powered DeFi. If you're a blockchain practitioner or meme enthusiast, keeping tabs on networks like this could give you an edge. For the full report, check out BSCNews' piece. What's your take—bullish on $CORE?

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